First Telegram ICO Dogizen goes live, quickly hits $100k

Dogizen, the tap-to-earn game that’s attracting huge attention from the gaming community, has launched its highly anticipated presale.

The world’s first Telegram ICO, which brings the DOGIZ token to the over 950 million Telegram users, went live today, October 4, 2024 at 8am UTC.

Dogizen’s presale has attracted over $110k in under two hours, with DOGIZ priced at $0.00007 in the first stage.

Dogizen’s ICO: A new era for Telegram gaming

The global crypto community is growing at a breathtaking speed. However, the number of people who own crypto currently stands around 550 million.

In comparison, Telegram has more than 950 million users and the global mobile gaming community will be 1.9 billion players by 2027. Elsewhere, the T2E market cap is roughly $1.2 billion today while crypto gaming is just over $9 billion. All of these segments are forecast to experience significant growth.

Putting these numbers together suggests that Dogizen’s entry into the Telegram tap-to-earn market puts its right at the center of a potentially explosive ecosystem.

Dogizen makes it easy for ordinary users to join this nascent industry via its game. Now, with this first ICO within Telegram, Dogizen is tapping into a segment that could see it challenge and possibly outpace Hamster Kombat and Catizen among other TON-powered Telegram games.

DOGIZ is designed to add to the project’s long term success by moving Dogizen beyond the hype and speculation into a world of real utility. As well as its use in the rewards and airdrops, DOGIZ will play a big role in the Dogizen Universe.

The Dogizen Universe

Dogizen Universe is a platform that will offer several key features designed to empower both developers and creators as well as rewards for users.

Within the Dogizen Universe, a Developer SDK will allow for the creation and launch of gaming apps, with monetisation helping catalyze further growth.

A Launchpad and an arcade offering a central hub for everything Telegram gaming. Meanwhile, the ecosystem will benefit from a revenue-sharing opportunity from in-game ads and partnerships.

The Dogizen Universe, as the project’s whitepaper indicates, therefore envisions a whole economic ecosystem. Devs will be able to create and earn as gamers scoop in-game rewards while DOGIZ holders will benefit from the revenue-share model.

The DOGIZ presale is the first phase of this growth and innovation and early adopters will play a big role in bringing it to reality. But it also means an early entry for ICO participants as the tap-to-earn becomes one of crypto’s big plays.

Notably, all major TON blockchain tokens on Telegram have listed on Binance, the world’s largest cryptocurrency exchange. This includes Notcoin, Hamster Kombat, and Catizen – the top 3 T2E projects by market cap. Dogizen, with 1.3 million players and growing, could be the next to list on the exchange.

Learn more about Dogizen here.

The post First Telegram ICO Dogizen goes live, quickly hits $100k appeared first on CoinJournal.

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